"There has long been a quasi-magical belief in the U.S. that capitalism's intrinsic dynamic of creative destruction will always create more jobs than it destroys. The evidence is compelling that this belief is no longer reality-based ... The number of full-time jobs is essentially unchanged from 1999 while the U.S. population has increased 28% ... Many of the jobs added over the past four years are part-time jobs that do not generate enough income to support a household or the government ... The topping pattern in full-time jobs is obvious, as is the rise of part-time work and the slow decline of self-employment as a meaningful contributor to employment. Any one of these trends could be disputed, but together they make a definitive case that the U.S. has reached Peak Jobs--at least the sort that can support a household."

Zum Artikel von Charles Hugh Smith, erschienen auf OfTwoMinds (7. Oktober 2013) »